David Stults is a corporate partner in the Chicago office of Kirkland & Ellis LLP. Dave concentrates his practice on representing domestic and international private fund sponsors in connection with structuring, negotiating, forming and operating private investment funds, including buyout funds, growth equity funds, debt funds, real estate funds and other private investment vehicles, including single asset funds and special purpose vehicles. Dave also focuses on representing private equity sponsors in connection with the organization, structuring, and operation of their management companies. Dave also has experience advising clients with respect to extraordinary fund and management company events, such as fund restructurings, single asset transactions and minority sales of management company interests. Dave has formed funds ranging in size from under $150 million to over $4 billion.


Thought Leadership


Panelist, Private Equity Carried Interest Clawbacks: Fund Agreement Mechanisms and Tax Considerations, Strafford Publications Webinar, March 20, 2019


Admissions & Qualifications

  • 2011Illinois


  • Loyola University Chicago School of LawJ.D.summa cum laude2011

    Dean's List

    Loyola Law Journal, Executive Editor, Lead Articles

    International Law Society

    Loyola Business Law Clinic, Student Clinician

  • College of William & MaryB.A., International Relationsmagna cum laude2007